2013-01-25
2013-01-25
STATION
CNBC 1
CNNW 1
CSPAN2 1
KPIX (CBS) 1
MSNBCW 1
LANGUAGE

Set Clip Length:


this year beginning with the deficit. >> do you think investors looked beyond that debt ceiling to those fundamentals you talked about, answering questions american essays about getting the financial house in order ?-que?-que x do you think that creates the most uncertainty going forward in the long-term? >> it is a tremendous source of uncertainty. there are others but that is a major source of uncertainty. credit markets will surely look at as indicated by the letter transmitting the credit rating downgrade. >> thank you, mr. chairman. yield back. >> mr. rangel is recognized for five minutes. >> thank you, and welcome back, mr. chairman. i'm under the impression that the debt ceiling is to give the authority to the president to assure our progress, the each and every nickel that we would fall get it back. i also believe that we have to have some guidelines on spending in order to share with creditors and americans alike, the fact are we going to reduce unnecessary spending. having said that, some people believe we have to have this involved debt ceiling with the deficit. and, of course

overseeing t.a.r.p. and navigating the financial crisis to facing off with congress against the debt ceiling and the fiscal cliff, here is a look at the past four years as geithner gets set to exit. >> nbc news is now reporting that timothy geithner will be the treasury secretary under president-elect barack obama. >> tim geithner offers not just extensive experience shaping economic policy and managing financial markets. he also has an unparalleled understanding of our current economic crisis. >> the ayes are 60, nays are 34. >> i, timothy f. geithner, i pledge all of my ability to help outline that challenge. we are outlining a new fiscal stability plan. >> will you step down from your post sdmp. >> it is a great privilege for me to serve this president and i am very pleased to have a chance to address the range of concerns you said. i agree with almost nothing in what you said. >> we've got the t.a.r.p. it's suppose to expire. >> we are working to put the t.a.r.p. out of its misery and no one will be happier than i am. >> i am complete confidence in tim geithner. >> lots of great people w

to deal with. debt ceiling debate now postponed until may. the sequestering, the continuing resolution. and republicans are pushing for changes in entitlements. is this in large part about where the white house decides where to put its political capital? >> kwlourks know what, we have also forgotten in this discussion, we remain in the midst of a terrible, terrible recession. counting people who have given up looking for work and underemployed. we are looking at -- almost 15% of our population who is unemployed, who don't have jobs. real wages for millions of workers are going down. the gap between the very, very wealthy and everybody else is growing wider. so what concerns me is, yeah, you have to deal with gun control. deal with a lot of other issues, but we cannot -- we cannot forget the reality that tens and tens of millions of working people are really hurting. >> how would you prioritize then again if you have to figure out where you're going to put your political capital? how would you prioritize. there was a big headline today the stock market is at a five-year high, unemployme

of the debt ceiling and trying to avoid the fiscal cliff showed congress at its worst. chambliss served two terms in the senate. he anchored some conservative activists with his attempts to find a bipartisan solution to the nation's debt problem. >>> playing the lottery might become impossible for some people in north carolina. here's why. a state lawmaker wants to ban people receiving government assistance or those who have declared bankruptcy from playing. republican representative paul stan is helping to draft this legislation. he says welfare money should be used to help people survive, not for gambling. critics say everyone should be able to play. ♪ what's love got to do with it ♪ >> great song. >>> singing legend tina turner is saying good-bye to her u.s. citizenship and will soon be a citizen of switzerland. she is 73 years old. she moved to switzerland in 1995 with her long time partner and says she cannot imagine a better place to live. she needs at proval of the swiss federal authorities to make this official. >>> the vice president takes his gun violence task force to a virgi

and the white house can't agree on the deficit or the debt ceiling. will washington work is the theme of a seminar in davos today. house majority leader eric cantor, who is here will have to answer. that's the question on a lot of people's minds, why can't the u.s. get its act together? >> you know i think the thing that differentiates the u.s. from so many of the other countries especially in the eu we know how to fix our problem, and we're just at lagerheads as to which way to go. >> reporter: but the head of the international monetary fund christine lagarde said here "the u.s. has to confront this." if those decisions are postponed again -- >> well it will be pushing the can down the road again which was the reproach that we made against the europeans and i don't think that the u.s. should fall in that trap. >> reporter: and with the u.s. economy now showing renewed strength, the feeling here is that the u.s. could help pull up the rest of the world, if washington could just get out of the way. charlie, norah? >> anthony mason thank you. >>> in the internationa

Excerpts 0 to 4 of about 5 results.




Terms of Use (10 Mar 2001)